202 2Nd St Smithville, TX 78957
This exceptional 10,510 square foot commercial property presents a unique investment opportunity in the heart of Smithville, Texas. Situated on a 0.67-acre lot in the Central Business District, this property enjoys a highly visible location just one block from Main Street and directly across from the popular Carne Lente restaurant. The existing building offers significant redevelopment potential, making it ideal for a variety of commercial uses. The property's central location ensures high foot traffic and excellent visibility, providing a strong foundation for a successful business venture. Detailed property information, including a comprehensive tax map highlighting all included parcels (highlighted in yellow), and a historical overview from the "Smithville Then and Now" book by Valerie Kite Johnson, are available for review. The legal description of all parcels included in this sale is provided as Exhibit A. This is a rare chance to acquire a substantial commercial property in a thriving Texas town with a rich history and promising future. Serious inquiries are encouraged. The asking price is $625,000. Don't miss this chance to capitalize on this prime downtown Smithville location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.